What I Learned Losing a Million Dollars (Brendan Moynihan and Jim Paul, 1994)
You will never get rich being a technician. Losses Internal Self-contrl, esteem, love, mind Subjective Stages Denial Anger Bargaining Depression Acceptance External Bet, game, contest, money Objective Risks Inherit risk Natural occurence in both unorganised market and organised markets. Created risk The arbitrary invention of a potential monetary loss which otherwise would not have existed. Characteristic of a crowd A sentiment of invincible power Contagion Suggestibility